Image: EOG rig from EOG Resources
Investment Thesis
The Houston-based EOG Resources (EOG) is one of the top-tier US shale players that I regularly cover on Seeking Alpha.
I have been interested in EOG because of its reliable management that has followed a rigorous strategy over the years.
This successful US producer can be compared with Occidental Petroleum (OXY), which is also involved with the US Shale almost exclusively and is the leader in the Permian Basin.
The company has been involved with a controversial acquisition of Anadarko Petroleum, which is